• Bank of France’s new governor and European Central Bank (ECB) Governing Council member Francois Villeroy de Galhau: the inflation expectations in the Eurozone is still too low and uncertain

Market news

9 November 2015

Bank of France’s new governor and European Central Bank (ECB) Governing Council member Francois Villeroy de Galhau: the inflation expectations in the Eurozone is still too low and uncertain

Bank of France's new governor and European Central Bank (ECB) Governing Council member Francois Villeroy de Galhau said in an interview with the German newspaper Handelsblatt that the inflation expectations in the Eurozone is still too low and uncertain since summer as concerns over the

"The (inflation) expectations are still too low, and uncertain since the summer," he noted.

Galhau pointed that the ECB will add further stimulus measures if needed.

"There are still margins to make monetary policy more effective -- the instruments are available," he said.

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